CNBC retracted on Monday its earlier story suggesting that White House NEC Director Kevin Hassett indicated US President Donald Trump was evaluating a 90-day suspension of tariffs, with China being the exception.
“Fake news,” the media outlet stated, quoting White House Press Secretary Karoline Leavitt.
US stocks have swiftly undone their recovery, erasing advances and shifting sharply into declining territory after the headline attributed to Hassett was debunked.